6.1999 USD
+0.56 (+9.93%)
6.69 USD
+0.49 (+7.9%)
We assign a technical rating of 7 out of 10 to JL. Although JL has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, JL did better than 94% of all other stocks. On top of that, JL also shows a nice and consistent pattern of rising prices.
JL is one of the better performing stocks in the Distributors industry, it outperforms 95% of 23 stocks in the same industry.
In the last month JL has a been trading in the 4.25 - 6.35 range, which is quite wide. It is currently trading near the high of this range.
JL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so JL is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although JL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.69
6.88
3 important support areas can be observed.
- Support @5.19 from a trend line in the daily time frame.
- A support zone ranging from 4.40 to 4.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.73 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @6.35 from a trend line in the daily time frame.
- A resistance zone ranging from 6.68 to 6.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.81 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for JL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JL is up. |
| ChartMill Relative Strength | 94.38 | POSITIVE | JL has a high relative strength, it outperformed 94.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of JL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.1 | NEUTRAL | The RSI value for JL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests JL has a positive trend. |
| Stochastics (14,3) | 86.13 | OVERBOUGHT | The high Stochastics value suggests JL may be overbought. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for JL suggests high volalility. |
| Average Directional Index/ADX (14) | 24.49 | NEUTRAL | The ADX value for JL suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
6.1999
+0.56 (+9.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg9.93%
1 Week12.78%
2 Weeks24.5%
1 Month29.43%
3 Month5.26%
6 Month16.54%
12 Month113.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%5.83%
ATR Inc108.31%
Range Today0.98
ADR(20)0.35
ADR(20)%5.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.38
3 months CRS71.34
6 months CRS75.69
Mansfield1.04
10 Day High6.35
10 Day Low4.7
20 Day High6.35
20 Day Low4.25
52 Week High13.41
52 Week Low2.6
CS1 End5.19
CR1 Start6.35
Volume & EV
DER(3)0.09%
DER(5)3.7%
Volume11.00K
Volume Incr-79.79%
Vol(5)5.38K
Vol(50)47.05K
J-LONG GROUP LTD-A / JL FAQ
Can you provide the ChartMill technical rating for J-LONG GROUP LTD-A?
ChartMill assigns a technical rating of 7 / 10 to JL.
Can you provide the trend direction for J-LONG GROUP LTD-A?
The current trend direction for J-LONG GROUP LTD-A (JL) is Bearish.
What is the RSI signal for JL stock?
J-LONG GROUP LTD-A (JL) has an RSI value of 66.1038. This indicates that the stock is currently neutral.
Can you provide the MACD signal for J-LONG GROUP LTD-A?
The MACD indicator for J-LONG GROUP LTD-A (JL) has a value of 0.168626, indicating a bearish trend.
What is the short term momentum for JL stock?
The short term momentum for J-LONG GROUP LTD-A (JL) is positive.